Engineering Economics of Alternative Energy Sources

Khalil Denno

• Publisher: CRC Press
• Year: 2018
• Print ISBN:
  9781315892634
• eBook ISBN:
  9781351088633
• Topic: Technology & Engineering
• Subtopic: Electrical Engineering & Telecommunications
• Index: Technology & Engineering

This text book presents a comprehensive picture for the economic aspects, feasibility and adaptability as well as modelling of alternative energy sources and their interconnections. The economic analysis for each mode of energy source is preceded by the introduction of the sources basic structural components and operational as well as fuel characteristics.

Chapter 1
SYNTHESIS OF ENERGY SYSTEMS (CONVENTIONAL AND RENEWABLE)

I. Power System Identification in the Power Flow Reference Frame²,³,⁵,¹²,¹⁵

Electrical energy systems are generally represented in a conventional form in terms of data related to actual generating sources, loads, and impedances of the interconnecting network. This is the first reference frame as called by Kron.¹⁰ On the other hand, engineers in a single power area and multiarea power poll usually deal with real power of the generating sources and real energy exchange at area boundaries.

In situations where prompt and decisive action is needed in comparing several energy systems of different configurations under a unified constraint, it becomes necessary that those systems be expressed and identified in an overall power equivalent reference frame. Also, the calculation of economic scheduling of generation, which relates the generating capacity of individual plants to total generation based on coordinating incremental production costs and incremental transmission losses, is carried in the power flow reference frame (the sixth reference as called by Kron).¹⁰

Optimization of energy systems from an economic standpoint can proceed on the basis of arbitrary interconnecting networks in the power flow reference frame subject to certain constraints such as minimum losses, specified total generation, specified plant capacity, and total received load.

Determination of the optimum energy system network in the sixth or power flow reference frame can be followed by a series of transformations aimed at representing the optimum system in the actual or first reference frame. To compare and analyze from the start, several power system alternatives in the actual first reference frame require excessive computer time as well as large memory capacity to absorb all the data.

The foregoing points out the necessity to develop a criterion by which power system optimization in the power flow reference frame can be carried out using the [B] matrix, power source outputs within their maximum ranges, and fuel cost data. Such a criterion was developed earlier and treated successfully on small power systems.

Based on the solution obtained for the optimum [B] matrix, coupled with data from load flow calculations, a new path for designing the power network in the sixth or power flow reference frame will be developed and tested in this chapter.

II. Objectives of System Synthesis¹,⁹,¹⁰

Given several...

Table of contents

• Cover Page
• Title Page
• Copyright Page
• Dedication
• Preface
• The Author
• Table of Contents
• Chapter 1 Synthesis of Energy Systems (Conventional and Renewable)
• Chapter 2 Economic Feasibility of Fuel Cells and Storage Batteries within Conventional Energy Systems
• Chapter 3 The Economics of the Redox Flow Cell Energy Conversion System (RFEC)
• Chapter 4 The Economics of Bioelectrochemical Energy Conversion Systems (BEEC)
• Chapter 5 Economics of Magnetohydrodynamic Power Generation (MHD)
• Chapter 6 The Economics of Bulk Solar Energy Conversion Systems (SEC)
• Chapter 7 The Economics of Wind Energy Conversion Systems (WEC)
• Chapter 8 The Economics of Tidal Wave Energy Conversion Systems (TWEC)
• Chapter 9 The Economics of Geothermal Energy Conversion Systems (GTEC)
• Chapter 10 Ocean Thermal Energy Conversion Systems (OTEC)
• Index